GEV correlations (GE Vernova)
Which assets move with GEV and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Heavy Electrical Equipment
Volatility (ann.)
45.8%
3y weekly
Beta vs S&P 500
1.42
3y weekly
1-year return
+53.6%
price, adjusted
5-year return
n/a
price, adjusted
Market cap
$254.0B
latest
P/E ratio
27.3
trailing
Dividend yield
0.18%
trailing
Max drawdown
-38.3%
3y, daily closes
GEV over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with GEV
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| ETN | Eaton Corporation | 0.66 | |
| VRT | Vertiv | 0.66 | |
| FIX | Comfort Systems USA | 0.62 | |
| EME | Emcor | 0.61 | |
| TT | Trane Technologies | 0.59 | |
| MTZ | MasTec, Inc. | 0.57 | |
| HUBB | Hubbell Incorporated | 0.56 | |
| VST | Vistra Corp. | 0.55 | |
| NVT | nVent Electric plc | 0.54 | |
| TLN | Talen Energy Corporation | 0.54 | |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.53 | |
| NRG | NRG Energy | 0.53 | |
| PWR | Quanta Services | 0.53 | |
| TSM | Taiwan Semiconductor Manufacturing Company Ltd. | 0.53 | |
| JCI | Johnson Controls | 0.51 |
Best diversifiers for GEV
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from GEV.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.43 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.38 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.38 | |
| CAG | ConAgra Brands, Inc. | -0.31 | |
| MLGO | MicroAlgo, Inc. | -0.29 | |
| BCE | BCE, Inc. | -0.27 | |
| ALMS | Alumis Inc. | -0.27 | |
| KHC | Kraft Heinz | -0.26 | |
| CPB | The Campbell's Company | -0.26 | |
| SJM | J.M. Smucker Company (The) | -0.24 |
GEV vs benchmarks
GEV vs its peers
Get GEV data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/gev.jsonCorrelations, diversifiers, beta and volatility for GEV, plus one endpoint per pair. API documentation.
GEV inside major ETFs
| ETF | GEV weight | |
|---|---|---|
| XLI | Industrial Select Sector SPDR Fund | 4.52% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 2.91% |
| VUG | Vanguard Growth ETF | 0.76% |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.72% |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.59% |
| VOO | Vanguard S&P 500 ETF | 0.41% |
| IVV | iShares Core S&P 500 ETF | 0.39% |
| SPY | SPDR S&P 500 ETF Trust | 0.39% |
| VTI | Vanguard Total Stock Market ETF | 0.37% |
| ACWI | iShares MSCI ACWI ETF | 0.25% |
